304 E 9th Street , Chester, PA 19013

Property Description

304 East 9th Street is a fully occupied, 7-unit multifamily property in Chester, Pennsylvania. This income-producing property consists of six (6) one-bedroom/one-bath units and one (1) studio unit. The entire building was fully gut-renovated in 2014 with new electrical, plumbing, HVAC, and major capital improvements, and there have been many additional minor updates since 2021. The property features four off-street parking spaces along with abundant non-metered street parking. The property also offers embedded rental upside: increasing in-place rents to the proforma levels reflected in the rent roll would raise gross potential rent from $72,840 to $78,000 annually, increasing NOI to approximately $46,009 and increasing the overall ROI.

Property Features

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